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Brazil Considers Dropping Tariff on U.S. Ethanol Imports

Dan Energy, Exports/Imports, Industry News Release

Brazil is considering removing a 20-percent tariff on ethanol imports from the United States. An agriculture official from Brazil said Wednesday the decision could depend on the U.S. lifting a ban on fresh beef exports from Brazil, according to Reuters. Brazil imposed the ethanol tax last year on U.S. imports that exceed a 600-million-liter annual quota to protect local producers. …